19131 Lahser Road, Detroit, Michigan 48219
$900,000
Property Details
- MLS#: 20261050178
- Bedrooms: N/A
- Bathrooms: 16
- Square Feet: 15,106
- Price per Sqft: $60
- Lot Size: N/A
- Year Built: 1963
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 76
Tax and Assessment Information
Assessment evidence unavailable.
Description
Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time. Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy. Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
Location
This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 19131 Lahser Road?
19131 Lahser Road is listed at $900,000, or $60 per square foot.
How many bedrooms does 19131 Lahser Road have?
This property has N/A bedrooms and 16 bathrooms, with 15,106 square feet of living space.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 484-4696
Email: [email protected]
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